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Leasehold Fish/Chip Takeaway In Solihull For Sale

Solihull, West Midlands, UK
Asking Price:
£69,950 Furniture / Fixtures included
Turnover:
£234,000
Net Profit:
Available on request

Leasehold Fish & Chip Takeaway is located in Solihull. It comes with two-bedroom accommodation above, producing a rental income of £10,500 pa. Well-fitted, spacious shop. Further potential.

Veritas Business Sales is delighted to offer for sale this well-appointed fish & chip takeaway, which is located in Solihull. The business has been established since 2017 and has been in the careful hands of our client for the past 3 years. They are now offering the takeaway for sale due to other commitments needing their attention.
Since ownership, they have continually invested in new equipment along with fixtures & fittings, which are all bought and paid for and included within the sale price, which is a huge plus for any new purchaser as additional funds will not need to be spent for some time.

The business is owner-operated with the help of 2 part-time staff members and has an average weekly turnover of £4,500. Walk-in trade accounts for approximately £2,750 per week, and the remaining £1,750 comes from the online delivery portals Just Eat, Deliveroo, and Uber Eats. They serve a fine selection of traditional fish & chips, along with southern fried chicken, burgers, pies, sausages, saveloys, kebabs, condiments, and cold drinks.

We believe that there is further potential to increase trade, should you wish, by extending the opening times and increasing the food offering by adding pizzas.
The business enjoys a strong reputation within the local community and beyond and, as such, has a high level of regular and repeat business.
This is a superb opportunity to purchase a well-fitted, spacious takeaway, which is a great base to build upon, and as such, early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Term: 21 years
Remaining: 16 ½ years
Rent: £18,000 plus vat pa
Rates: zero

Living Accommodation:

First floor
Kitchen with wall & base units, 4 ring gas hob, sink drainer and extraction hood.
Bathroom with shower cubicle, W/C, wash basin and combination boiler (Biasi).
2 x Double bedrooms.
Lounge.

This is sub-let producing rental income of £10,500 pa.

Location:

This respected Fish & Chip Takeaway is located in the affluent town of Solihull. Situated within a prominent and highly visible trading position on Old Lode Lane in Elmdon. It's part of a busy parade of shops that offers a range of other independent retailers including an off-license, Indian restaurant (unlicensed), Chinese & Thai restaurants, a cafe, hairdressers, a children's nursery & tool hire shop, plus others too. All of which brings decent levels of footfall to the area.

The parade benefits from ample, free parking for customers and the surrounding area is densely populated with residential properties, with a school across the road, Elmdon Park nearby & the JLR plant in the vicinity as well. The location provides easy access to Solihull town center, Birmingham city center, Birmingham airport, the NEC including the Genting Arena, and all major motorway networks.

Premises Details:

Ground Floor
Takeaway comprising: serve over sales counter with covid screens, cash register (Sam4s), 2 door drinks fridge (Coca-Cola), 2 pan range (Preston & Thomas) with 2 x chip boxes, scraps box, 2 x warming cabinets, portable dual deep fat fryer, 2 x kebab machines (Pimak), 2 x kebab meat shavers, electric knife, chargrill, extraction canopy, 2 x stainless steel tables, 2 slice toaster, 2 x 3 pot wet bain-maries (Interlevin), stainless steel 2 door chiller (Polar), stainless steel 2 door freezer (Polar), 4 x digital menu boards, stainless steel wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser, small chest freezer (Norfrost), insect zapper (Plus zap) and storage cupboard.
Preparation room with stainless steel fish fridge (Ozti), 2 x stainless steel tables, batter mixer, 4 ring gas hob, extraction canopy, chicken fryer (Kuroma), vinegar barrel, stainless steel double sink drainer, hot water boiler (Marco), wall mounted paper towel dispenser, knife rack and an office area.
Staff W/C with wash basin.
Storeroom with chest freezer, metal storage racking, potato chipper (Bold), potato peeler (Bold), 3 x plastic chip bins, interceptor tank, insect zapper (Cater zap) and rear exit door.
The property benefits from CCTV (8 camera system), UPVC double glazing and gas central heating.

External
Gated rear yard with parking for (2) and a fat trap.

Energy Performance Rating:
C

Business Operation

Trading hours:

Monday & Sunday – closed
Tuesday – 4:00pm – 9:00pm
Wednesday & Thursday – 4:00pm – 9:30pm
Friday & Saturday – 12:00pm – 9:30pm

Other Information

Inventory / Stock value:
£1,500